VIRTUAL sees $10M in outflows, falls 10% – More losses ahead IF…
2025-07-15 13:11:32
Main Idea
VIRTUAL's price dropped over 10% due to decreased user activity and $10 million in outflows, with potential for further losses if current trends continue.
Key Points
1. VIRTUAL's price plunged over 10% as user activity dropped and $10 million exited the protocol.
2. Protocol fees fell to $9,900, among the weakest levels recorded in 2025, indicating reduced usage.
3. $10.8 million worth of VIRTUAL was wiped from the market, with $9.87 million coming from closed derivatives contracts.
4. Open Interest (OI) dropped 9.37% to $107 million, reflecting exits in both spot and futures markets.
5. A potential support zone exists near $1.50, but a bounce is not imminent as VIRTUAL trades at $1.61 with weak momentum.
Description
Traders just dumped $10M in VIRTUAL - here's what's happening and why!
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